GSK Completely Exits Sensodyne Toothpaste Maker Haleon In $1.6B Sale
GSK is fully exiting its position and will no longer hold any ordinary shares in Haleon, maker of Sensodyne toothpaste and Advil painkillers.
Spirit AeroSystems To Lay Off Hundreds As Boeing Struggles with Production
Spirit AeroSystems Holdings Inc (NYSE:SPR) is laying off 400-450 employees at its Wichita, Kansas factory due to a production slowdown at Boeing Co (NYSE: BA). The facility, central to ongoing quality issues with the 737 MAX jets, employs about 13,000 workers. Recent delays in Boeing's acquisition of Spirit have compounded these challenges, affecting the production of parts for Airbus aircraft as well.
Snowflake Set to Acquire Reka AI for Over $1B, Expanding Its Generative AI Offerings
Snowflake Inc (NYSE: SNOW) to acquire Reka AI for over $1 billion. Reka specializes in large language models and could enhance Snowflake's AI capabilities.
Accenture Expands In Japan – What’s Going On?
Accenture strengthens its digital prowess in Japan with the acquisition of OPENSTREAM HOLDINGS, enhancing its capabilities across various industries.
Johnson & Johnson To Acquire Early-Stage Eczema Treatment Developer Proteologix For $850M
Johnson & Johnson acquires Proteologix for $850 million, expanding its bispecific antibody portfolio for immune-mediated diseases.
GSK Announces Intention To Sell ~385M Shares In Haleon
GSK plc (LSE/NYSE: GSK) today announced that it intends to sell approximately 385m ordinary shares in Haleon, equivalent to approximately 4.2% of Haleon's issued share capital and representing GSK's entire shareholding in Haleon.
Cannabis Cultivation Solutions Provider Agrify And California’s Nature’s Miracle Sign Definitive Merger Deal
Vertical farming technology and infrastructure provider Nature's Miracle Holding Inc. (NASDAQ: NMHI) and Agrify Corporation (NASDAQ: AGFY) announced on Thursday that both parties have signed a definitive agreement and plan of merger. Under the deal, a new wholly-owned subsidiary of Nature's Miracle will merge with and into Agrify, with Agrify surviving the merger as a wholly-owned subsidiary of Nature's Miracle. The signing of the definitive agreement directly follows the previously announced term sheet for the merger, according to a press release.
AIG Reduces Corebridge Stake, Sells 120M Shares To Nippon Life
AIG chief executive Peter Zaffino praised Nippon Life for "its leadership in the Japanese insurance market".
BHP Shareholders Anticipate Final Bid For Anglo American As Deadline Nears
Investors anticipate final bid from BHP for Anglo American, as May 22 deadline approaches.
Crescent Energy to Acquire SilverBow Resources for $2.1B
Crescent Energy Company (NYSE:CRGY) ("Crescent" or the "Company") and SilverBow Resources, Inc. (NYSE:SBOW) ("SilverBow"), today announced that they have entered into a definitive agreement